News Releases
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Revised: Baker Hughes Announces October 2009 Rig Counts
Nov 6, 2009
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HOUSTON, Nov 06, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for October 2009 was 983, down 3 from the 986 counted in September 2009, and down 113 from the 1,096 counted in October 2008. The international offshore rig count for October 2009 was 267, down 8 from the 275 counted in September 2009 and down 17 from the 284 counted in October 2008.
The US rig count for October 2009 was 1,044, up 35 fro...
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Baker Hughes Announces October 2009 Rig Counts
Nov 6, 2009
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HOUSTON, Nov 06, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for October 2009 was 983, down 3 from the 986 counted in September 2009, and down 113 from the 1,096 counted in October 2008. The international offshore rig count for October 2009 was 267, down 8 from the 275 counted in September 2009 and down 17 from the 284 counted in October 2008.
The US rig count for October 2009 was 1,044, up 35 fro...
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Baker Hughes Announces Third Quarter Results
Nov 4, 2009
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HOUSTON, Nov 04, 2009 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) today announced that net income for the third quarter 2009 was $55 million or $0.18 per diluted share compared to $429 million or $1.39 per diluted share for the third quarter 2008 and $87 million or $0.28 per diluted share for the second quarter 2009. Net income for the third quarter 2009 includes expenses of $38 million before tax ($0.08 per share) associated with reorganization, severance and a...
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Baker Hughes Achieves 24-Stage Openhole Isolation in Bakken Shale
Oct 27, 2009
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FOR IMMEDIATE RELEASECONTACTS: Media Relations: Kathy Shirley, +1.713.439.8135, kathy.shirley@bakerhughes.com
Investor Relations: Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com
H. Gene Shiels, +1.713.439.8822, gene.shiels@bakerhughes.com
HOUSTON, TEXAS October 27, 2009 Baker Hughes successfully ran a 24-stage completion in the Williston Basin for Whiting Petroleum Corp. This is among the largest number of stages ever run using a...
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Baker Hughes Declares Regular Quarterly Dividend
Oct 22, 2009
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HOUSTON, Oct 22, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable November 13, 2009, to holders of record on November 2, 2009.
Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the ...
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Baker Hughes SENTIO™ Downhole Data Acquisition Tool Wins 2009 World Oil Best Well Intervention Award
Oct 16, 2009
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FOR IMMEDIATE RELEASECONTACTS:
Media Relations: Kathy Shirley, +1.713.439.8135, kathy.shirley@bakerhughes.com
Investor Relations: Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com
H. Gene Shiels, +1.713.439.8822, gene.shiels@bakerhughes.com
HOUSTON, TEXAS October 16, 2009 The Baker Hughes SENTIO™ downhole data acquisition tool won the 2009 World Oil Best Well Intervention Award. The World Oil Awards, which honor exceptio...
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Baker Hughes and BJ Services Receive Second Request Under US Antitrust Review
Oct 15, 2009
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HOUSTON, Oct 15, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) and BJ Services Company (NYSE: BJS; CBOE; PCX) announced today the receipt of a request from the Antitrust Division of the Department of Justice for additional information (commonly known as a second request) with respect to Baker Hughes' proposed merger with BJ Services Company. Both companies intend to comply with the request promptly.
Forward-Looking StatementsInformation set forth ...
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Baker Hughes Develops Packer System to Provide Openhole Annular Isolation
Oct 8, 2009
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FOR IMMEDIATE RELEASECONTACTS: Media Relations: Kathy Shirley, +1.713.439.8135, kathy.shirley@bakerhughes.com
Investor Relations: Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com
H. Gene Shiels, +1.713.439.8822, gene.shiels@bakerhughes.com
HOUSTON, TEXAS October 8, 2009 Baker Hughes has developed the Baker Oil Tools MPas™ packer system to provide openhole annular isolation, eliminating many of the operational, production ...
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Baker Hughes Announces September 2009 Rig Counts
Oct 7, 2009
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HOUSTON, Oct 07, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for September 2009 was 986, up 39 from the 947 counted in August 2009, and down 122 from the 1,108 counted in September 2008. The international offshore rig count for September 2009 was 275, up 14 from the 261 counted in August 2009 and down 18 from the 293 counted in September 2008.
The US rig count for September 2009 was 1009, up 29 fr...
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Baker Hughes Introduces Next-Generation PDC Drill Bit Design
Oct 7, 2009
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FOR IMMEDIATE RELEASECONTACTS: Media Relations: Kathy Shirley, +1.713.439.8135, kathy.shirley@bakerhughes.com Investor Relations: Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com
H. Gene Shiels, +1.713.439.8822, gene.shiels@bakerhughes.com HOUSTON, TEXAS October 7, 2009 Baker Hughes has introduced its Hughes Christensen Quantec Force™ (Quantec Force) line of polycrystalline diamond compact (PDC) bits, featuring newly engineer...
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Baker Hughes Releases New Artificial Lift Monitoring and Optimization Service
Oct 6, 2009
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FOR IMMEDIATE RELEASECONTACTS: Media Relations: Kathy Shirley, +1.713.439.8135, kathy.shirley@bakerhughes.com
Investor Relations: Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com
H. Gene Shiels, +1.713.439.8822, gene.shiels@bakerhughes.com HOUSTON, TEXAS October 6, 2009 Baker Hughes announces the launch of its Centrilift Vision™ real-time artificial lift system monitoring and optimization service. Centrilift Vision collects...
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Baker Hughes Announces Conference Call
Oct 1, 2009
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HOUSTON, Oct 01, 2009 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Wednesday, November 4, 2009 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the third quarter 2009, ending September 30, 2009. The results are expected to be released on Wednesday, November 4, 2009, before the market opens.
To access the call, which is open to the public, p...
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Baker Hughes and BJ Services Introduce IntelliFrac™ Services
Oct 1, 2009
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FOR IMMEDIATE RELEASE
CONTACTS: Media Relations: Kathy Shirley, +1.713.439.8135, kathy.shirley@bakerhughes.com
Wendy Gray, +1.832.559.1303, wendy.gray@bjservices.com
Investor Relations: Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com
H. Gene Shiels, +1.713.439.8822, gene.shiels@bakerhughes.com HOUSTON, TEXAS October 1, 2009 Baker Hughes Incorporated (NYSE: BHI) and BJ Services Company announced today the launch of...
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Baker Hughes Announces Analyst Conference
Sep 16, 2009
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HOUSTON, Sept 16, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) will hold its 2009 Analyst Conference in Celle, Germany on Wednesday, September 16 and Thursday, September 17. The management presentations on the morning of Thursday, September 17 will be available for the public to view via time-delayed webcast after 11:00 a.m. EDT. Interested parties may access the webcast over the internet at http://www.bakerhughes.com/investor, where a link to th...
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Baker Hughes Announces August 2009 Rig Counts
Sep 8, 2009
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HOUSTON, Sept 08, 2009 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for August 2009 was 947, down 27 from the 974 counted in July 2009, and down 140 from the 1,087 counted in August 2008. The international offshore rig count for August 2009 was 261, down 14 from the 275 counted in July 2009 and down 31 from the 292 counted in August 2008.
The US rig count for August 2009 was 980, up 49 from the 931 counted in Jul...
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Baker Hughes Canada to Open Facilities in Leduc and Fort McMurray
Sep 3, 2009
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CONTACTS: Media Relations: Kathy Shirley, +1.713.439.8135, kathy.shirley@bakerhughes.com
Investor Relations: Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com
H. Gene Shiels, +1.713.439.8822, gene.shiels@bakerhughes.com
HOUSTON, TEXAS September 3, 2009 Baker Hughes will open two facilities in Canada this fall to better serve operators in the oil sands and other northern Canadian oil fields. The infrastructure expansion will include a purpose-bui...
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Replay of Baker Hughes/BJ Services Conference Call
Aug 31, 2009
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HOUSTON, Aug 31, 2009 /PRNewswire via COMTEX News Network/ -- To access the replay of the Baker Hughes/BJ Services conference call held August 31, 2009, please call 800-642-1687 in the United States, or 706-645-9291 for international calls, and use the access code 27955502. A replay of the call will be available through September 28, 2009. To access a replay of the webcast, go to http://investor.shareholder.com/bhi/events.cfm.
Baker Hughes provides reservoir consulting, drilling, formation ev...
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Baker Hughes to Acquire BJ Services in $5.5 Billion Transaction
Aug 31, 2009
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HOUSTON, Aug 31, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) and BJ Services Company (NYSE: BJS) today announced that their Boards of Directors have approved a definitive merger agreement, which represents a transaction value of $5.5 billion for BJ Services based on closing stock prices on August 28, 2009.
The agreement represents a premium to BJ Services stockholders of 16.3% over the closing price of BJ Services stock on August 28, 2009. Under...
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Baker Hughes to Present at the Barclays Capital CEO Energy/Power Conference
Aug 27, 2009
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HOUSTON, Aug 27, 2009 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, President, Chairman and Chief Executive Officer, will present at the Barclays Capital CEO Energy/Power Conference in New York, NY, on September 9, 2009, at 10:25 a.m. eastern time.
If you would like to listen to the presentation during the conference, please log on to the following website: http://investor.shareholder.com/bhi/events.cfm. If you would like to lis...
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Baker Hughes Announces Analyst Conference
Aug 17, 2009
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HOUSTON, Aug 17, 2009 /PRNewswire via COMTEX News Network/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that it will hold its 2009 Analyst Conference in Celle, Germany on Wednesday, September 16 and Thursday, September 17.
The conference webcast will begin at approximately 1:00 a.m. central (2:00 a.m. eastern) on Thursday, September 17 and will last for approximately four hours until 5:00 a.m. central (6:00 a.m. eastern). Interested parties may access the webcast live over the inte...
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 = add release to Briefcase
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